Ecuador - Gross capital formation (current LCU)

Gross capital formation (current LCU) in Ecuador was at 26901694000 LCU in 2015, according to the World Bank collection of development indicators, compiled from officially recognized sources.



 ecuador gross capital formation current lcu wb data




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Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and work in progress. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.


Ecuador | Economy & Growth

GDP (current $)
100917372000
GDP (constant 2005 $)
60569639411
GDP (current US$)
100176808000 USD
GDP (current LCU)
100176808000 LCU
GDP (constant 2000 US$)
86639458058 USD
GDP (constant LCU)
70353852000 LCU
GNI (current US$)
98431861837 USD
GNI (current LCU)
98431861837 LCU
GNI (constant 2000 US$)
85157437512 USD
GNI (constant LCU)
69149923631 LCU
Gross savings (current US$)
24242148067 USD
Gross savings (current LCU)
24242148067 LCU